‘Razzlekhan’ released on bond, husband detained ahead of cryptocurrency laundering trial
A U.S. judge Monday determined that Ilya Dutch Lichtenstein, one-half of the couple accused of a massive cryptocurrency laundering scheme, will await trial in prison. His wife and alleged co-conspirator, Heather Morgan, was set free on a $3 million bond package, with the conditions of strict electronic monitoring and limits on her virtual currency accounts. Federal law enforcement arrested the pair earlier this month for allegedly conspiring to launder $4.5 billion worth of cryptocurrency stolen in a 2016 hack of virtual cryptocurrency exchange Bitfinex. Lichtenstein and Morgan employed sophisticated money-laundering techniques that included the use of a combination of fictitious identities, automatic transactions, and dispersing funds across virtual currency accounts. Prosecutors found access keys to the wallet containing the stolen cryptocurrency in Lichtenstein’s cloud storage, evidence that Judge Beryl Howell of the U.S. District for the District of Columbia called a “smoking gun.” Howell deemed the pair a strong flight risk […]
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